Tesla has stopped selling its cheapest car

Date:

Share:


Tesla’s least expensive car is off the market: the Model 3 Standard Range Rear-Wheel Drive is no longer available in the online configurator. first reported on the absence of that Model 3 build. It was the cheapest option from the electric vehicle brand with a price tag of $39,000. Now the takes that title with a retail price of $42,500. Tesla unveiled a to its Model 3 line in the US in January.

The company also posted for the third quarter today, with 462,890 vehicles delivered between July and September. Sales were aided by price cuts and other incentives during the quarter, enough to reach a 6.4 percent increase from the previous year’s deliveries. However, the figure fell short of analysts’ predictions for more than 469,000 deliveries during the period. This quarterly result could also hamper CEO Elon Musk’s projections for the company to surpass the 1.8 million vehicles it handed over in all of 2023.

Tesla has also been struggling with recalls this year. Most of those issues were fixed with over-the-air updates, but the scope and number of the issues may also be leaving customers with doubts. Recalls impacted vehicles in January, in February, in May, in June, in July, and more than in August.



Source link

━ more like this

Foreign criminals to be sent ‘packing’ as UK prisons reach maximum capacity – London Business News | Londonlovesbusiness.com

The government is introducing new measures that will see foreign criminals to be deported as prisons have reached maximum capacity. The government’s plans will...

UK’s fourth heatwave to hit with temperatures reaching above 30C for many – London Business News | Londonlovesbusiness.com

The Met Office has said that a combination of high pressure and a southerly airflow will see temperatures rise for much of England...

The best Nintendo Switch 2 games for 2025

With Tears of the Kingdom, Nintendo managed to follow up the reinvention of the Zelda series with a game that added more to...

Jenrick warns illegal migrants crossing the Channel have ‘deplorable attitudes towards women’ – London Business News | Londonlovesbusiness.com

The Shadow Justice Secretary Robert Jenrick has warned that the “government won’t admit” the situation “in the Channel is a national security emergency.” Jenrick...

AOL’s dial-up internet still exists, but not for much longer

It may have been decades since you last heard the crunching screeches of connecting with dial-up Internet, but AOL said it will discontinue...
spot_img